1166 Bay — Rental Market Data

At 1166 Bay, active inventory stands at 3 listings representing an availability rate of 2.9% across the 103-suite development. Active listings feature an average asking rent of $6,850 per month and a median asking rent of $6,750 per month, spanning a broad price range from $3,300 to $10,500 per month.

At 1166 Bay, active listings are distributed across two primary configurations. The 2-Bedroom + Den layout comprises 2 active units (66.7% share) with an average asking rent of $8,625 per month, a median asking rent of $8,625 per month, an average suite size of 2,250 square feet, and an asking rate of $3.89 per square foot. The 3-Bedroom+ layout comprises 1 active unit (33.3% share) with an asking rent of $3,300 per month, an average suite size of 700 square feet, and an asking rate of $4.71 per square foot.

At 1166 Bay, active asking prices span a spread of $7,200 per month (a 218.2% variance), running from a minimum asking rent of $3,300 per month for a 3-Bedroom+ suite up to a maximum asking rent of $10,500 per month for a 2-Bedroom + Den layout. Active asking rates average $4.17 per square foot across an average active suite size of 1,733 square feet.

At 1166 Bay, active parking premium data is inconclusive and cannot be reliably isolated due to an anomalous outlier or insufficient paired sample. Similarly, active den premium data is not separately quantified, as available listings do not isolate den pricing from base suite valuations.

At 1166 Bay, active asking rents average $6,850 per month at $4.17 per square foot, tracking below the Bloor-Yorkville submarket asking benchmark of $4,743 per month at $5.83 per square foot by 28.5% on a rate-per-square-foot basis. Active inventory represents 3 listings against a submarket active count of 100 listings.

Leasing data for 1166 Bay St records an average lease rent of $3,812 per month, which compares against the overall competitive submarket benchmark average of $2,779 per month across nearby properties such as elev'n21, 1132 Bay, One, and No.8 Sultan at St.Thomas. Within this active peer group, elev'n21 (located at 1121 Bay St) reports an average lease rent of $2,779 per month at $4.83 per square foot across an average suite size of 586 square feet. Meanwhile, direct neighbors 1132 Bay St (built in 1984), One (1 St Thomas St, built in 2008), and No.8 Sultan at St.Thomas (8 Sultan St, built in 1999) carry 0 active or recently closed lease records in the dataset, meaning specific transacted rent figures for those individual addresses are not currently reportable.

The value proposition at 1166 Bay St is defined by a realized lease rate of $3.62 per square foot across an average footprint of 1,094 square feet, positioning the building at a more competitive rate per square foot than select neighborhood alternatives like elev'n21 ($4.83 per square foot across 586 square feet). Renters evaluating 1166 Bay St benefit from significantly larger living quarters—offering 508 more square feet on average than elev'n21—allowing tenants to secure expanded multi-bedroom layouts without absorbing the steeper per-square-foot premiums common in smaller, post-2000 tower footprints.

Residents at 1166 Bay St enjoy an extensive amenity package that includes a concierge and security, a gym and fitness centre, an indoor pool, a sauna and steam room, a party and lounge room, a BBQ area, a rooftop terrace, a garden and courtyard, an EV charging station, a car wash bay, and valet parking. When contrasted with nearby peers, 1166 Bay St offers robust recreational infrastructure matching the indoor pools and fitness facilities found at 1132 Bay St and One (1 St Thomas St), while providing more comprehensive outdoor space than No.8 Sultan at St.Thomas (which features a squash and racquetball court) and a broader wellness suite than elev'n21.